Market Updates
News: Eminent Domain Battle Wages On; Congress Gets Busy on Housing Reform; More Housing Proposals on the Way
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Have you noticed what's going on around us in the real estate world lately?
One of the smartest things you can do is to stay sharply on top of the latest news, trends and tremors in our industry. And of course, one of the awesomest things we can do is to help you accomplish this.
Accordingly, Mogul’s own John Grant – our lobbyist in Washington – has provided us today with a timely update on three of the hottest “pressure points” currently affecting real estate investors like you …
Richmond Eminent Domain Battle Wages On; Congress Gets Busy on Housing Reform
In California, Richmond Mayor Gayle McLaughlin and Mortgage Resolution Partners are looking to seize underwater home loans through the use of eminent domain, and the legal battles are underway.
A lawsuit by BlackRock and other bondholders to stop Richmond was tossed recently on the grounds that it was premature. City council members still…
John Grant
is the president of the Distressed Property Coalition, a private advocacy effort formed by the top leaders in the residential real estate industry, and dedicated to private market solutions, smaller government, and protecting taxpayers. DPC exists because investors deserve an easier path to buy and sell houses. Investors deserve to shape policies that govern them, not to be subjected to them. Investors deserve better information on current laws and policies. Investors deserve a safe environment to learn more about the industry. DPC is dedicated to providing these services to the residential real estate community. Their content and track record of success in Washington are unprecedented for this industry.
To received Mr. Grant’s policy briefings and newsletter, please visit www.distressedpropertycoalition.com
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